[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

Click to see more live >>

• 2026.10.10 14:48
• [Xinjiang Qifeng Wind and Power Project Starts Construction]
• The Xinjiang Energy Group's new energy 2.5 million kilowatt wind power project has officially started construction in Qitai County, marking a landmark project for a large-scale clean energy base in the autonomous region. The project is divided into three sub projects, supporting three 220 kV collection stations. After being put into operation, the annual clean electricity transmission capacity will reach 4.36 billion kilowatt hours, saving about 1.32 million tons of standard coal and reducing 330000 tons of carbon dioxide emissions annually. It will effectively promote the green transformation of energy structure in northern Xinjiang. Editor/Cheng Liting

• 2026.10.10 14:48
• [Chinese funded mining downstream project industrial park launched]
• On October 8, 2026, Indonesian President Prabowo presided over the launch ceremony of 11 Chinese funded mining downstream projects at the Weidabe Industrial Park in Central Hamahira District, North Maluku Province. These projects have a total investment of approximately 10.2 billion US dollars and involve fields such as power batteries, nickel cobalt materials, electrolytic aluminum, new energy engineering machinery, and commercial vehicle manufacturing. Editor/Cheng Liting